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1. Cyprus-Greece ferry bookings open on Wednesday

The Deputy Ministry of Shipping announced the commencement of the third season of operation for the Cyprus-Greece Maritime Passenger Link in a press conference held on Tuesday, April 16, 2024....

2. Cyprus-Greece ferry service resumes for third year

The Cyprus-Greece maritime passenger connection is set to resume for the third consecutive year, subsidized by the state following approval from the European Commission, ...

3. EU probes Chinese subsidy claims in Romania solar tender

4. Gasoline prices rise across Cyprus provinces after subsidy removal

Following the elimination of the 8.3-cent subsidy per liter on April 1st, increases in the average price of 95-octane gasoline have been observed in the provinces of Limassol, Nicosia, and Famagusta, with the exception of Paphos, where the price only rose by 8 cents....

5. Cyprus ends fuel tax break, prices set to spike from April 1st

Starting April 1st, the reduced consumption tax on fuels (95-octane gasoline and diesel) will come to an end, reverting to 8.3 cents per liter for gasoline and 6.3 cents per liter for heating oil....

6. Cyprus sees surge in electric vehicle interest, prompts policy review

Two months after the launch of Cyprus' electric vehicle subsidy program, public interest is surging, prompting officials to review policy measures....

7. Why marriage shouldn't be the answer to €2B loans

In 2023, Cyprus secured a substantial loan totaling €2.02 billion from the Bank of Cyprus, earmarking €510 million specifically for housing initiatives. ...

8. Government now implements preemptive checks on companies

In a decision announced by Finance Minister Makis Keraunos on Tuesday, the Cabinet approved the establishment of a unified regulatory authority for companies offering administrative services. ...

9. Christodoulides unveils €60M relief package amid rising prices

In an address to the nation, the President of Cyprus unveiled a series of targeted measures aimed at alleviating the economic challenges faced by households and businesses amidst rising prices. ...

10. EC approves interest subsidy scheme for housing loans

In a significant development, the European Commission's DG Competition has approved an interest subsidy scheme aimed at housing loans in Cyprus....

11. High demand for electric vehicle subsidies as applications surge

In response to the subsidy schemes for electric vehicles, the Road Transport Department reports significant interest since the application process began on Saturday....

12. Cyprus development expenditure: 2023 surpasses €1B

The realization of state budget development expenditure in 2023 reached 72% compared to 70% in 2022 and the average of 69% over the last decade, according to a Treasury report released on Wednesday....

13. Transport Minister unveils €36.5M EV subsidy scheme

Transport Minister Alexis Vafeadis unveiled a new €36.5 million electric vehicle subsidy scheme on Thursday, financed by the EU's Recovery and Resilience Mechanism....

14. Electricity subsidy extends to vulnerable consumers until February's end

With its metaphorical ''finger on the trigger,'' the Ministry of Finance is vigilantly tracking the anticipated surges in the current....

15. Energy Minister deliberates potential 6% electricity bill increases

The Energy Minister, George Papanastasiou, addressed concerns about potential electricity bill hikes arising from the EAC's request to CERA to recover 6% of its 2024 expenses....

16. Cypriot farmers' protests send ripples across Europe

The surge of farmers' fury has reverberated in a manner unprecedented for Brussels, the nerve center of European decision-making....

17. Businesses receive €14 million in pandemic blunder

In an inadvertent error, support payments totaling EUR 13.82 million were extended to 152 cases, failing to meet subsidy criteria under the Plan's terms and conditions. ...

18. 79% jump in consumer complaints this year

In a substantial leap from 2022, the Cyprus Consumer Association reports a noteworthy spike in four complaint categories in 2023....

19. Cabinet approves free preschool for 4-year-olds

The Council of Ministers today greenlit the expansion of free pre-primary education for 4-year-olds, announced Education Minister Athina Michaelidou following the conclusion of the Cabinet meeting....

20. Farmers rally at Presidential Palace over subsidies

In a dramatic turn of events today, potato and wheat farmers engaged in clashes with the police during their protest outside the Presidential Palace....

21. Electricity bills to drop by 12% starting November 1

In a recent announcement, consumers in Cyprus can expect a 12% reduction in their electricity bills starting November 1. ...

22. Government unveils €77 million housing policy to tackle housing crisis

Interior Minister Konstantinos Ioannou introduced the government's new housing policy. In his opening statement, Mr. Ioannou outlined a comprehensive plan involving multiple levels of actions and measures, which allocates €77 million over a five-year period for the implementation of specific initiatives....

23. Government support package under fire for short-term fixes

The government's package of support measures has been criticized by the Pancyprian Association of Consumers and Quality of Life, which claims these solutions are only temporary and patchwork....

24. Assessing the dual impact of government's support measures

Recent days have witnessed crucial discussions surrounding measures to support households and businesses, a pressing necessity given the prevailing circumstances....

25. How government's new measures will cut power bills

The President of the Republic, Nicos Christodoulides, announced a total of 11 measures with a direct impact, totaling €141 million, along with six Housing Policy measures amounting to €55 million on Thursday (19/10)....

26. New measures unveiled for energy and housing

In a decisive move to support Cyprus' households and businesses, the Council of Ministers, under the leadership of President Nikos Christodoulides, unveiled a comprehensive package of immediate and medium-term measures today....

27. Online applications open for child tuition and feeding subsidy scheme

As of August 28, 2023, parents of eligible children up to four years old can apply for the Child Tuition and Feeding Subsidy Scheme through a dedicated online platform. The initiative aims to provide financial support to parents for early childhood education and nutrition....

28. Fuel prices surge, electricity rates hold steady

Fuel prices are set to rise by 2-2.5 cents per liter for diesel and slightly less for unleaded gasoline, effective today at petrol stations....

29. Cyprus aims to shine with 'Cypriot Red Soil Potato' in European market

Ministry of Agriculture, Rural Development, and Environment, is making every possible effort to address new challenges while improving the competitiveness of the agricultural sector, said the Minister of Agriculture, Rural Development, and Environment, Petros Xenophontos....

30. Akamas landowners displeased with compensation delay

The community councils have started expressing their unhappiness after yesterday's announcement of compensation measures for the Akamas communities by the Minister of Interior and Agriculture, Rural Development, and the Environment....